Eastern China (Shanghai)
: 3,690-3,710 yuan ($523-526) per tonne, down 20-30 yuan per tonne
Northern China (Tangshan)
: 3,700 yuan per tonne, down 20-30 yuan per tonne
Spot prices dropped after mills lowered their offers by 30-50 yuan per tonne in response to sparse trading over the past few days.
Trading activity remained thin in the morning amid a declining futures market, which sent prices to around 3,690 yuan per tonne in Shanghai.